Roth Capital Starts Lakeland Industries (LAKE) at Buy
Get Alerts LAKE Hot Sheet
Price: $11.86 -0.75%
Rating Summary:
7 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
Rating Summary:
7 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
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Roth Capital initiates coverage on Lakeland Industries (NASDAQ: LAKE) with a Buy rating and a price target of $18.00.
Analyst David King expects the multiple to expand following the effective deployment of recent capital raise proceeds that he believes should boost ROIC. The analyst further notes that a better GM profile may boost the company's positioned as a potential takeout candidate by a larger peer.
For an analyst ratings summary and ratings history on Lakeland Industries click here. For more ratings news on Lakeland Industries click here.
Shares of Lakeland Industries closed at $13.45 yesterday.
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